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Finance Ministry said to form panel to frame response to the bitcoin issue

Finance Ministry said to form panel to frame response to the bitcoin issue

Finance
NEW DELHI: The Finance Ministry has formed a new panel to frame response on the bitcoin issue, media reports said on Friday. This came after the breakneck rise in the price of the cryptocurrency this year and the Income Tax Department surveying operations at the major e-currency exchanges across the country. The media report further stated that RBI Deputy Governor B P Kanungo and Sebi Chairman Ajay Tyagi were on the panel. I-T secretary was also made part of the committee among other members. The previous panel had suggested shutting down of those exchanges dealing in cryptocurrencies in the country. On a year-to-date basis, the digital currency has advanced over 1,600 per cent to $ 17,040 on December 15 against $ 1,000 in January this year. The Income Tax Department earlier this wee...
I Tried 12 Cheap Sparkling Wines and Here's the Best One 

I Tried 12 Cheap Sparkling Wines and Here's the Best One 

Health
This article originally appeared on ExtraCrispy.com.For my 21st birthday, I had a “Champagne” party. I asked people to bring cava or prosecco or any other type of inexpensive sparkling wine, and we spent the evening dancing to a lot of Robyn. It seemed appropriately grown-up, and like just the kind of twinkly, fun thing to kick off my years of legal imbibing. And it was! But that night, I also learned the hard way that not all sparkling wine is created equal. There is a very wide range of cheap bubbly—from truly disgusting to very good. So, in honor of all those parties you're hosting, parties you’re going to, and random Wednesdays that deserve a little cork popping, I tasted 12 bottles of sparkling wine under $ 15 and ranked them from worst to best. This way, you can celebrate whenev
HS2 redundancy pay 'shocking waste' of taxpayer cash

HS2 redundancy pay 'shocking waste' of taxpayer cash

Business
Unauthorised redundancy payments made by the state-owned company managing the HS2 rail project were a "shocking waste of taxpayers' money", MPs have said.The Public Accounts Committee said the firm overseeing construction of a high-speed rail line offered staff terms "well in excess" of authorised levels.The MPs blamed "weak internal processes" at HS2 for overpayments to 94 people totalling £1.76m.An HS2 spokesperson acknowledged "a serious error" had been made.The company made the payments in 2016-17 after shedding 94 staff in a move from London to Birmingham.A combination of compulsory and voluntary redundancy schemes were offered on enhanced terms, resulting in a total bill of £2.76m, despite instructions from the Department of Transport that they should be at statutory rates, which wou
US regulator votes to repeal net neutrality laws

US regulator votes to repeal net neutrality laws

Technology
The US communications regulator has controversially voted to abolish net neutrality rules that guarantee equal access to the internet.The decision had been widely expected despite a campaign led by tech giants to keep regulations in place.Members of the Federal Communications Commission (FCC), led by its Republican chairman Ajit Pai, voted along party lines to repeal rules put in place by the Obama administration in 2015.The vote was supported by the White House and protests were held outside FCC headquarters during its meeting, which was abruptly halted just before the vote "on the advice of security".:: Net neutrality: What a US vote means for the UKImage:Mr Pai voted along party lines to repeal rules put in place by the Obama administrationSome 22 million people had submitted comments a...
Australian lizards are eating the eggs of endangered loggerhead turtles

Australian lizards are eating the eggs of endangered loggerhead turtles

Science
Dec. 14 (UPI) -- Feral foxes are no longer the archenemies of would-be loggerhead turtle moms at the second biggest nesting beach in northeast Australia. The title now belongs to the yellow-spotted goanna.Over the last few decades, scientists have observed the Australia lizard develop a taste for the eggs of the endangered loggerhead turtle. Goannas now frequently raid turtle nests on the Queensland nesting beach.To better understand the threat of Australia's monitor lizards to sea turtles, scientists at the University of Queensland set up camera traps near turtle nests. They watched for a year. The footage showed as many as 400 turtle nests disturbed by reptilian predators."We discovered that only large male yellow-spotted goannas dug open sea turtle nests, but once the nest was opened, o...